Moody’s Ratings has lowered India’s FY27 growth forecast to 6%, down from an earlier estimate of 6.8%, citing weaker consumer demand and slower industrial performance amid rising energy and input costs linked to the West Asia conflict.For FY26, the agency expects India’s GDP growth to be 7.6%, according to official estimates, as reported by ET.The…
NEW DELHI: Just days before Tamil Nadu votes for the high-stakes assembly polls, campaigning witnessed a sudden pivot following the Centre’s decision to propose expanding the Lok Sabha from 543 to 850 seats by redrawing constituencies to implement 33 per cent reservation for women.Although the proposal was defeated in Parliament, the issue did not die…
US stocks moved higher on Tuesday, as investors remained optimistic over a possible extension of the US-Iran ceasefire. Markets showed early strength, with the Dow Jones Industrial Average rising 0.56% or 279 points to 49,721.56 around 8 pm IST. The S&P 500 inched up 0.2% to 7,129, while the Nasdaq Composite gained 96 points or…
The Osmonds were a beloved family musical group from America that were known for hits such as ‘Down By The Lazy River’, ‘Let Me In’, ‘One Bad Apple’, and ‘Crazy Horses’. Their eldest member, Alan Osmond, as per the latest reports, has passed away. He was 76 at the time of his demise. Alan Osmond…
Tim Cook, after fifteen years of leading the one of the world’s most influential consumer tech giant, is officially stepping down as CEO of Apple. Cook, who famously succeeded co-founder Steve Jobs in 2011, will transition to the role of Executive Chairman, handing the reins to hardware chief John Ternus. He leaves behind a company…
Peter Siddle and Samit Patel (GettyImages) Peter Siddle and Samit Patel have been ruled out of this summer’s T20 Blast after falling foul of ECB regulations linked to their participation in an unsanctioned tournament earlier this year, as reported by ESPNcricinfo. Both players featured in the World Legends Pro T20 League held in Goa during…
National and festival holidays are largely decided at the State level. Employers are expected to follow notified holiday lists. (AI image) Leave is often seen as a simple workplace benefit – an approved absence from work. In reality, it is one of the more structured and regulated aspects of employment in India. With the implementation…
US President Donald Trump urged Iran to release eight women that it reportedly preapres to execute, saying that it would be a “great start to our negotiations”. This comes after Trump warned that the US was ready to “go militarily” as Iran talks in Pakistan remains in limbo.“To the Iranian leaders, who will soon be…
A small clay tablet has offered a remarkably human glimpse into life 4,000 years ago. Researchers studying ancient Mesopotamian inscriptions in Denmark have identified what may be the world’s oldest known beer receipt, a written record of beer supplied for workers in the Sumerian city of Umma. Instead of chronicling war, kings or religion, the…
Indian Oil Corporation Limited (IOCL) on Tuesday assured that supplies of petrol and diesel remain stable in the country despite ongoing supplies triggered by the Middle East conflict. Speaking at a press conference, Ashutosh Gupta, Executive Director and State Head, IOCL Punjab State Office, said the company currently holds sufficient reserves across Punjab, Himachal Pradesh,…